$SUI Foundation Invests $30 Million in DATA Network, Protocol to Migrate to Sui and Retire Independent Chain
Sui Foundation is investing $30 million in AI training data protocol DATA Network and will become its largest institutional holder. Existing holders include PIP Labs and DATA Foundation. DATA Network will be upgraded to run natively on Sui, its independent chain will be retired, and the existing DATA token will move to Sui one-for-one. The current network will keep operating until the migration is complete, and a detailed timeline will be released before the upgrade.
#BitcoinOptionsVolatilityHitsFiveYearLow
Sui Foundation is investing $30 million in AI training data protocol DATA Network and will become its largest institutional holder. Existing holders include PIP Labs and DATA Foundation. DATA Network will be upgraded to run natively on Sui, its independent chain will be retired, and the existing DATA token will move to Sui one-for-one. The current network will keep operating until the migration is complete, and a detailed timeline will be released before the upgrade.
#BitcoinOptionsVolatilityHitsFiveYearLow